Mysten Labs logoCompany profile

Mysten Labs

Mysten Labs is the team behind the Sui Layer-1 blockchain and Move-based developer toolkit, founded by former Meta Diem/Novi engineers in 2021. Headquartered in Palo Alto with a global remote team, Mysten Labs raised a $300M Series B led by FTX Ventures in September 2022 at a $2B valuation, with backers including a16z crypto, Coinbase Ventures and Binance Labs.

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Company snapshot

  • Active
Total funding
$336M
Funding rounds
3
Last round (Series B)
$300M
Last round date
Sep 2022
Founded
2021
Employees
251-500
Headquarters
Palo Alto, California, United States
Last round vs total raised$300M of $336M

Founders

Evan Cheng, Sam Blackshear, Adeniyi Abiodun, Kostas Chalkias, George Danezis

Industries

  • Blockchain
  • Web3
  • Cryptocurrency
  • Layer 1

Notable investors

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InvestorRole
FTX VenturesLead
a16z cryptoLead
Coinbase VenturesCo-investor
Binance LabsCo-investor
Jump CryptoCo-investor
ApolloCo-investor
Franklin TempletonCo-investor

Frequently asked questions

Mysten Labs has raised $336M in total funding across 3 rounds.

Mysten Labs's most recent round was a Series B of $300M in Sep 2022.

Mysten Labs was founded in 2021.

Mysten Labs is headquartered in Palo Alto, California, United States.

Mysten Labs has 251-500 employees.

Mysten Labs's notable investors include FTX Ventures, a16z crypto, Coinbase Ventures, Binance Labs, Jump Crypto, Apollo.

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